Calyx Software, a provider of loan origination software, now offers government-required regulatory mortgage compliance reports through its new product Calyx Verifyde.
The company says Calyx Verifyde reports will help aid banks, credit unions, mortgage bankers and mortgage brokers with a one-stop solution to adhere to reporting regulations at both the state and federal levels.
According to Calyx, initial regulations supported include the Home Mortgage Disclosure Act (HMDA), HMDA Plus requirements of the Office of the Comptroller of the Currency, NMLS Mortgage Call Report, North Carolina Mortgage Lending Act data uploads, South Carolina Mortgage Log System, RegulatorConnect Licensee Examination File, California Form RE 881 for brokers, Nevada Monthly Activity Report and New Hampshire Form 397-A-AR.
‘We will continue to develop new reports as compliance circumstances dictate,’ says Dennis Boggs, executive vice president of business development. ‘Our initial offerings will provide customers a complete compliance reporting solution.’